Belo Careers | Benefits
Benefits
-
Belo Corp - Careers - Benefits page content
Over the years, Belo's benefit programs have changed as our employees' needs have changed. We provide a variety of benefit options that meet the highest standards for service, employee satisfaction and quality.
While benefits vary by location, most full-time employees of Belo companies receive the following:
Group Health/Group Dental
Each year, the Belo Benefits team reviews the best medical and dental plans available for employees. Plan options may vary from year to year depending upon availability and provider networks. The Company currently offers three medical plan options including an HSA eligible high deductible health plan and two dental plan options.
Vision Care
A freestanding vision care plan is offered. The plan provides benefits for eye examinations, glasses and contact lenses.
Life Insurance - Basic Life
When employees become eligible for health care coverage, they will automatically be enrolled in the group life insurance plan. The Company pays the full premium for this coverage, which provides a benefit of two times the annual base salary.
Life Insurance - Supplemental Life/Dependent Life
In addition to the Company-paid benefit, employees may purchase supplemental coverage up to five times their annual base salary. The premium is based on the amount of coverage and age. Optional dependent life coverage, life insurance to cover a spouse and/or children, is also available.
Personal Accident Insurance
This optional coverage provides a benefit for the employee and their family members in the case of death or disabling accidental injuries. Employees may purchase PAI coverage for themselves and their family at up to six times their base salary.
Flexible Spending Accounts
Employees may set aside part of their salary before taxes to pay for unreimbursed health care and/or dependent care expenses. Contributions may range from $300 to $4,000 to a health care reimbursement account and from $300 to $5,000 for the dependent care account. Belo offers a dollar for dollar match up to $20 per week on the dependent care reimbursement account.
Business Travel Accident Insurance
Employees are automatically provided with Business Travel Accident coverage. The principal sum is equal to 1.5 times their annual base salary with a minimum benefit of $100,000 and a maximum of $300,000.
Long-Term Disability
Long-term disability (LTD) insurance is automatically provided at no cost to the employee on the first of the month following 12 months of full-time employment. Should an employee become disabled, the plan will pay up to 60% of their pre-disability earnings.
Belo Savings Plan - 401(K)
Regular employees may join the plan as soon as administratively possible following their hire date. The plan enables eligible employees to contribute any amount of their eligible pay on a pre-tax basis, up to the annual IRS dollar limit. After an individual has been employed for one year, the employee becomes eligible for any matching contributions that the Company may provide. Also, after one year of employment, participants are eligible for a discretionary profit-sharing contribution from the Company, should one be declared.
Holidays and Sick Pay
Paid Time Off (PTO)
Employees earn paid time off (PTO) according to their tenure with the Company. Paid time off may be banked and used for vacation, sick time or personal leave throughout the year. Up to one week of PTO may be carried forward from one year to the next. PTO is earned at approximately 1 1/2 days per month for new full-time employees and up to 2 1/2 days per month for full-time employees with 10 or more years of service.Regular, full-time employees are entitled to 7 paid holidays each year.
Vacation
Either one or two weeks of vacation is given to new employees depending on their date of hire. Employees are awarded three weeks of vacation on their fifth January 1 and four weeks on their tenth January 1 following the date of employment.
Other Benefits
- Adoption Assistance
- Tuition Assistance
- Profit Performance Bonus
- Credit Union
- Employee Assistance Program
- Free Parking (on Company-owned surface lots), as available
- Subsidized Public Transportation
This information is intended to provide a general overview of Belo Corp.'s benefits. Official plan documents determine the actual administration of benefit plans. If you have a specific question, you may e-mail benefits@belo.com or call 1-866-235-6236. Collective bargaining agreements, personal services contracts and location specific benefit practices may also dictate applicable benefits and their administration.
